UK renewables auction blows new life into offshore wind developments
The UK awarded contracts for a record 131 renewable energy projects on Tuesday, with price bids coming in well below the maximum set by the government in an auction that the industry welcomed as a sign of renewed investor confidence in the country.
Read MoreTNFD calls for bridging gaps in ocean data to meet increasing demand
Existing gaps in ocean data must be plugged to meet growing demand for this information, while improving corporate reporting, executives at the Taskforce on Nature-related Financial Disclosures (TNFD) told a webinar on Tuesday.
Read MoreTwo blockchain platforms link up to offer voluntary carbon credit lifecycle services
Two blockchain platforms have integrated their technologies to offer a streamlined service for the lifecycle of voluntary carbon credits, from issuance to trading, they announced Tuesday.
Read MorePCX Markets reports 100,000 tonnes of plastic waste diverted through credits
Singapore-based marketplace PCX Markets has said it has prevented 100,000 tonnes of plastic waste from dispersing in nature through plastic credit issuance in the last four years.
Read MoreUK carbon removal intermediary secures agreement to sell Bolivian biochar credits
A London-based carbon removal marketplace has secured exclusive access to the remaining credits available this year from a Bolivian biochar developer, the firms announced Tuesday.
Read MorePakistan’s Sindh province to generate millions of voluntary carbon credits through reforestation projects
The government of Sindh province in Pakistan is planning to generate tens of millions of voluntary carbon credits by planting trees along the Indus River in a massive reforestation initiative, an official told Carbon Pulse.
Read MoreCOP29 host launches support platform to aid developing nations submit climate reports
COP29 host nation Azerbaijan has launched a platform to help developing nations with their submission of climate progress reports.
Read MoreUK govt sells first statutory biodiversity credits
The UK government is selling its first batch of statutory biodiversity credits under the biodiversity net gain (BNG) scheme to a developer for an estimated total of £35,120.
Read MoreDeveloper using AI to produce carbon removal technology open-sources model
An industrial technology developer using artificial intelligence (AI) to design and deploy new climate technologies has open-sourced an AI model, with its first product set to be a carbon removal technology, in the early stages of commercialisation.
Read MoreSouth Korea to expand participation and curb surplus in national ETS
South Korea is planning to extend participation and curb permit surplus in its emissions trading system, as the government seeks to reverse the dynamics in the struggling market.
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